HBT Financial, Inc. (NASDAQ:HBT – Get Free Report) CFO Peter Robert Chapman acquired 1,100 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was bought at an average price of $18.93 per share, for a total transaction of $20,823.00. Following the completion of the acquisition, the chief financial officer now owns 25,141 shares of the company’s stock, valued at $475,919.13. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
HBT Financial Trading Up 0.7 %
HBT opened at $19.20 on Friday. The company has a 50-day simple moving average of $18.89 and a 200 day simple moving average of $19.36. HBT Financial, Inc. has a twelve month low of $16.33 and a twelve month high of $21.87. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $606.91 million, a price-to-earnings ratio of 8.50 and a beta of 0.86.
HBT Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, May 7th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.96%. The ex-dividend date is Monday, May 6th. HBT Financial’s payout ratio is 33.63%.
Institutional Trading of HBT Financial
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. Piper Sandler increased their price objective on HBT Financial from $21.00 to $21.50 and gave the stock a “neutral” rating in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. increased their target price on shares of HBT Financial from $21.00 to $22.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 23rd.
View Our Latest Report on HBT Financial
About HBT Financial
HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.
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